RBI becomes world’s first monetary authority with a million Twitter followers

RBI becomes world’s first monetary authority with a million Twitter followers

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“RBI Twitter account reaches 1 million followers in the present day. A brand new milestone. Congratulations to all my colleagues in RBI,” Governor Shaktikanta Das tweeted.

In a primary amongst central banks, the Reserve Financial institution of India has change into the primary financial authority on the earth to have greater than 1 million followers on its official Twitter deal with.

Regardless of a lot much less financial firepower, the Reserve Financial institution of India (RBI) has overwhelmed the world’s strongest central banks — the U.S. Federal Reserve and the European Central Financial institution — on Twitter by a large margin, rising as the preferred central financial institution on the microblogging web site with over 1 million followers.

As of Sunday, the RBI deal with is adopted by as many as 10,00,513 folks all over the world.

The achievement is spectacular because the 85-year-old Reserve Financial institution was additionally a latecomer to the world of Twitter because it created the account solely in January 2012.

In response to the most recent data obtainable on the RBI’s Twitter deal with ‘@RBI’, the variety of followers has elevated from 9.66 lakh on September 27, 2020 to over 10 lakh as of Sunday.

“RBI Twitter account reaches 1 million followers in the present day. A brand new milestone. Congratulations to all my colleagues in RBI,” Governor Shaktikanta Das Tweeted on Sunday.

On the second slot is the a lot lesser recognized central financial institution of Mexico (Banco de Mexico) with 7.74 lakh followers, adopted by Financial institution of Indonesia (7.57 lakh). The U.S. Federal Reserve, the world’s strongest central financial institution, has solely 6.77 lakh followers, inserting it at a distant fourth slot.

With 5.91 lakh followers the Frankfurt-headquartered European Central Financial institution, the second strongest financial authority on the earth, comes fifth.

On the sixth rank is the Central Financial institution of Brazil with 3.82 lakh followers and the Financial institution of England is at a distant seventh with 3.17 lakh followers.

The Financial institution of Canada comes subsequent with 1.80 lakh and the State Financial institution of Pakistan is the ninth largest with 1.16 lakh followers.

On the tenth slot is the Reserve Financial institution of Australia with 49,200 followers.

The central financial institution of France has nearly 37,100 followers, whereas the Deutsche Bundesbank has round 30,000 followers.

The third strongest financial authority, the Financial institution of Japan, has solely 28,900 followers on its Twitter account.

The U.S. Fed joined Twitter in March 2009, whereas the ECB has been energetic on the microblogging web site since October 2009.

Governor Das, who assumed workplace in December 2018, has a separate Twitter deal with with 1.35 lakh followers.

Since March 2019, the rely of followers has greater than doubled from nearly 3,42,000 to over 7,50,000 by March 2020. And in the course of the first seven-week of lockdown that started on March 25, followers have elevated by greater than 1.5 lakh, in line with an official.

Within the present monetary 12 months, as many as 2.5 lakh new followers joined the RBI deal with.

Apart from the principle twitter deal with, the RBI additionally has one other Twitter account known as ‘RBI Says’, which it makes use of to succeed in out to the common-man and has additionally began a Fb web page with the identical identify in early April.

It has additionally launched a buyer consciousness marketing campaign to forestall gullible account-holders from being duped by fraudsters.



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